1 FreshForex Reviews — FX Broker — Broker-ABC

FreshForex

FreshForex
No deposit bonus
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Overview

First established in 2004, FreshForex has been operating on the market for around 14 years so far. Its headquarters are in Moscow, Russian Federation. The company is regulated by CRFIN – Russian national financial regulator. In addition to that, it has one more financial regulator in the face of KROUFR. It handles disputes and penalties in case if any omissions occur. FreshForex is also very respected in the European Union due to its long history and finest reputation.

Deposits and Withdrawals

The minimum initial deposit amount is 200 USD. The broker offers 3 base currencies for account management – USD, Euro, and RRB. Supported payment methods are Master/Visa card, Skrill, FasaPay, Web Money, Bitcoin. The company claims to process withdrawal requests within 10 minutes after it arrives in their system. However, it depends on your bank when exactly your funds will arrive in your bank account. Judging from numerous forum reviews, the entire process should not take longer than 7 business days.

Trading

You are free to try demo account before starting with the real one. Their website provides a great variety of educational materials for newcomers. Trading on their website is easy, mainly thanks to the platform which this broker uses – MetaTrader 4. Also, the broker has its mobile application which will allow you to trade from almost anywhere, as long as you have the internet connection. Order execution is really fast – 0,05 seconds. There is also the option of your personal trading account manager.

Instruments

There are stocks, commodities, foreign currency pairs and indices available to make trades with. Scalping and hedging strategies are allowed. The spreads differ depending on your account type. FreshForex offers 3 account types: Classic (starting from 200 USD), Market Pro (from 400 USD), and ECN (from 2000 USD). Spreads are fixed on Classic (from 2 p.), floating on Market Pro (from 0.9 P.), and lowest spreads are on ECN (from 0 p.)

Conclusion

To sum up, FreshForex seems to be a reputable company with a long history in the Forex market. It is a good choice for both novice and experienced traders.

  • ***
    Broker FreshForex
    Website URL https://freshforex.com/
    Founded2004
    HeadquartersSaint Vincent and the Grenadines
    Support NumberYes
    Trading PlatformMetaTrader4
    Minimum 1st Deposit$1
    Minimum Account Sizefrom|$200|for|Classic|accounts,|from|$400|for|Market|Pro|accounts,|from|$2000|for|ECN|accounts.
    Minimum Trade Amount0.01 lot (1000 currency units) for Market Pro accounts
    BonusNo deposit bonus
    Leverage1:50 ? 1:1000
    Spreadfixed (from 2 pips) for Classic accounts| floating (from 0.9 pips) for Market Pro accounts| the lowest one (from 0 pip) for ENC account.
    Free Demo Account Open Demo
    RegulationCRFIN, KROUFR
    Number of Assets300+
    US Traders Allowed No
    HoursYes
    Mini Account25
    PAMMYes
    Auto TradingYes
    Affiliate Program:Yes
    Expert advisors:Yes
    Free Education:Yes
    Other InstrumentsCFDs, Bitcoin
    Decimals4
    Overall Score2.9

4 Responses to “FreshForex”

  1. I was referred by a friend on social media to Fresh Forex. First of all i was skeptic about the broker because i read mixed comments about it. Some referred it as a legit broker while other reviewed that it was a scam. I decided to give it a shot because majority rated it as good. I opened a demo account with them which i traded for 2 months and after then i applied for a no deposit bonus which i handful received unfortunately i lost all the bonus money trading. I opened a classic account because i realized it suits my trading desires. After funding my account i realized that my trading skills were improved, i made profits and in a space of 7 months i managed to withdraw several times on skrill. The withdrawal takes approximately 24 hours for funds to reflect on your account.

  2. I’ve been with these guys for the past 6 months, so far so good, I cannot complain, their spreads are very low, and with an instant market execution. I guess this is the ground for scalper.

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